Super Micro Computer Inc.
(NASDAQ:SMCI) on Tuesday reported better-than-expected fourth-quarter earnings and issued strong first-quarter guidance.
Super Micro reported quarterly earnings of $1.70 per share, which beat the consensus estimate of 62 cents, according to Benzinga Pro data.
Quarterly revenue came in at $11.12 billion, which missed the Street estimate of $12.33 billion, but nearly doubled the $5.76 billion from the same period last year.
"Our Total AI/IT Solutions strategy continues to deliver strong results, we added several hundred enterprise and other customers in the past year, generated more than $60 billion in new orders, and booked record backlog entering fiscal 2027," said Charles Liang, CEO of Super Micro.
